Twitter video acquisition of San Francisco startup SnappyTV

Beijing time June 19th evening news, Twitter announced today that will buy video editor startup SnappyTV, specific purchase amount was not announced.

SnappyTV headquartered in San Francisco, by former yahoo video business general manager Mike fogg (Mike Folgner) to create four years ago. Nowadays, many media companies are using SnappyTV in cooperation with Twitter video editing techniques, including Twitter and YouTube partners.

he Twitter product management director, Mr Singh (Baljeet Singh) said: “as we continue to invest in the field of video, can provide some video tools help television, relevant organizations and the producers to share high quality video is very important to us.”

Twitter recently has been increasing video function to attract media company. In April this year, Twitter for Vine increase the function of news video applications. At present, facing the user growth and interaction of stress.

SnappyTV said in a statement: “by Twitter after purchase, we will continue to be as an open social broadcast platform.” (li Ming)


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